Board of Directors of Inderes Oyj has decided to establish long-term incentive scheme
Inderes Oyj, Company announcement, March 30, 2026 at 10:00 am EET
Board of Directors of Inderes Oyj has decided to establish long-term incentive scheme
The Board of Directors of Inderes Oyj has decided to establish a share-based long-term incentive scheme for the company's management and key strategic roles. The scheme consists of a performance share plan ("PSP").
PSP 2026-2028
The first plan of the scheme, PSP 2026–2028, commenced on March 1, 2026, and ends on February 28, 2029. Any rewards earned under this plan will be paid in Inderes Oyj listed shares during the first half of 2029. Reward payment is conditional on meeting the performance targets set by the Board of Directors for the plan.
Performance metric
The sole performance metric of the program is Inderes Oyj's absolute total shareholder return ("TSR"), which considers both share price development and paid dividends over a three-year performance period. The reward increases linearly from the minimum threshold (EUR 20) to the target level (EUR 30), and subsequently to the maximum level (EUR 60), where the full reward is earned.
Absolute TSR was selected as the performance metric to directly link the compensation of management and the operational team with shareholder returns; participants earn a reward only if shareholders receive a return on their investment.
Target group and maximum number of shares
Approximately 15 individuals in management and key business roles are included in the plan. The CEO proposes the participants for approval by the Board of Directors. Participants in the program are required to own Inderes Oyj shares valued at a minimum of three months' gross salary. PSP participants are not entitled to participate in Inderes' employee share savings plan.
Participants whose employment with the company ends before the reward payment generally forfeit any entitlement to a reward under the plan.
Achieving the maximum performance target for PSP 2026–2028 (TSR EUR 60) would generate approximately 78 MEUR in shareholder value. The total number of share rewards paid under the plan would then be a maximum of 150,000 shares, which corresponds to a maximum of roughly 8.5% of the company's current shares. No reward will be paid at all if the TSR is below the minimum threshold of EUR 20 at the end of the performance period.
Purpose of the scheme
The purpose of the incentive scheme is to strengthen shareholder value creation, support the implementation of the company's long-term strategy, and commit key roles crucial for the company’s strategy.
Contact information:
Mikael Rautanen
CEO, Inderes Oyj
mikael.rautanen@inderes.fi
Tel. +358 50 346 0321
Certified advisor:
Sisu Partners Oy
Jori-Pekka Rautalahti
jori-pekka.rautalahti@sisupartners.com
Tel. +358 50 382 9323
Juha Karttunen
juha.karttunen@sisupartners.com
Tel. +358 40 555 4727
Inderes in brief
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